Why it is important:When you look at the graph, it's very easy to draw the wrong conclusions and fall under one of the cognitive errors. In this lesson, we will talk about how a PM can better interpret data and avoid popular traps in analysis.
What it looks like:- We analyze examples of real companies, markets, and trends in which it is very easy to fall into a trap.
- We see what the confidence intervals of metrics are and how to calculate them.
- Practical tasks in the simulator, theory, and additional materials are adapted for Product Managers without mathematical education.
You will learn:- How data sometimes makes us do stupid things.
- Typical errors in data interpretation and incorrect work with trends.
What our students say about the lesson:→ Julia: "Super that there was a summary at the end and all the useful resources mentioned earlier are provided."
→ Irina: "I liked the convergence of metrics, how to understand that it is impossible to draw an unambiguous conclusion according to the data."
→ Aijamal: "I liked the way analytics can be manipulated the most."
→ Karina: "Cognitive distortion is a very powerful thing! Thanks for the lesson with traps :) And I drew a lot of pleasure from calculations and mentioning of Dopesick."
Average passage time: 1-2 hours.